Are Intrapreneurs Just Like Entrepreneurs, But Just In Large Companies?

Intrapreneur Superman

Last week, I wrote a blog wondering if entrepreneurs really ever satisfied?  Within that blog, albeit briefly, I mentioned intrapreneurs and that large Fortune 500 type companies were promoting this idea within their organization.

So that got me thinking, are intrapreneurs just like entrepreneurs, but just in large companies?  Well, just like last week, lets define what an intrapreneur is.  The website thefreedictionary.com defines intrapreneur as “A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation.”  The same site defines entrepreneur as “A person who organizes, operates, and assumes the risk for a business venture.”

So are they the same?

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4 Questions To Ask Yourself When Starting Market Research

Market ResearchI am a big promoter of market research in all forms and in all types of businesses.  Research can help in start-ups, small companies and large Fortune 500 type companies.  Although I am a big proponent of using market research, I am a bigger proponent of using market research wisely.

Why?  Because I have seen money wasted in the name of market research when the company did not know what they were truly trying to understand.

Here are 4 tips to think about when starting about market research in your business.

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Are Entrepreneurs Ever Satisfied?

entrepreneur

In today’s business world, being an entrepreneur seems to be all the rage.  It seems like a lot of people out there is either one, wants to be one, or wishes they could be one.  However, not everyone truly is an entrepreneur, even if they call themselves one.

A lot is written today about entrepreneurship.  Heck, yesterday I saw at least four articles across various LinkedIn groups about entrepreneurship including different methods of  generating new ideas and why successful entrepreneurs move quickly.  In fact, entrepreneurship is so en vogue that now there is a push for intrapreneurs in large Fortune 500 like companies (But that is a different post all together).  But in order to understand if a true entrepreneur is ever satisfied, we need to define what an entrepreneur really is.

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Merging Website Design and Market Research

Website DesignSo you have a business or, maybe, you are working for a new company or start-up.  What’s the first thing you know you need to promote the new organization?  A website!  True, every company really needs a website.

But, before it gets designed and developed, how should you go about making sure it is as good as it can be?  Research!

It is estimated that right now there are 644 million active websites on the Internet according to Netcraft.  So how do you make sure that your website will be appealing to readers and search engines?  Research!

Search engine optimization (SEO) is such a critical component in website development.  How do you make sure the keywords are the right ones?  (I think you know where I am going with this.)  Research!

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One Man’s Perspective on Why Innovate Raleigh Is Important

Innovate RaleighLast Thursday afternoon was the latest installment of Innovate Raleigh, Innovate Raleigh 2013: Building on the Past, Creating the Future.  If you are a newer reader to my blog, or just not sure what Innovate Raleigh is, you can get an understanding of it from previous post here and here.  Although I have been to several of the meetups over the past year or so, this event was, in my opinion, something special.  Most of the previous meetups were evening affairs that informed the community about some industry or something specific that is going on in Raleigh that is innovative in some way.  Typically before and after the main event, there was open networking and some good food and drinks as well.

Well, this one still had a great session of open networking and some great food and drinks from Bolt Bistro & Bar.  But that was the only thing that was the same.

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A Different Way To Use Demogaphics

demographicsLast Friday afternoon, I sat in a room with a group of entrepreneurs who were all talking about issues in their business that were seeking advice from other entrepreneurs.

One of the people in the group was talking about their company and discussed the expansion opportunities in their business and it was mentioned they looked at expanding into some “smaller” markets.  Even though the markets were smaller, there was a college presence in these markets, which seemed to be their initial target market.

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Traits of Leadership

Leadership

One of the activities I volunteer for helps with young people learn real world tools and leadership.  This is all done under the guise of having fun and organizational structure, but is much more intentional than that.  It is a quality that so many need and, in many instances, do not possess.

Just because a person is in a position of leadership, does not necessarily mean they have it.  I have had managers in the past who were leaders by title.  However, when it came to it, they did not have the actual qualities of leadership.

So what are the qualities of a true leader?

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Are You Betting The Odds With Your Business?

PowerballI know I have used the expression lots of times in the past “Rather be lucky than good any day”.  And considering that there is an expected record in the number of people who played for a chance at last nights $500 million. (Yes, Virginia, that is $.5 billion!)

And I am sure we have heard all the different statistics.  The chances of winning the Powerball jackpot are about one in 175.2 million.  Yet, you’re more likely to die from a bee string (one in 6.1 million), be struck by lightning (one in 3 million) or have conjoined twins (one in 200,000) or being attacked by a shark (one in 11.5 million).

Even though you may have been betting to win the Powerball jackpot last night, are you betting the odds on your business?  Some business owners are acting like they are  going to be to be lucky than good. Read more of this post

Triangle Entrepreneurship Week 2012: Starting Up Green: Integrating Triple Bottom Line #TEW2012

Triangle Entrepreneurship Week 2012Welcome to this series of semi-live blogs from the Triangle Entrepreneurship Week 2012 (#TEW2012) conference in Raleigh and Durham, NC. Any errors, omissions, or silly side comments are my own.

Starting Up Green: Integrating Triple Bottom Line
Presenters: Jason Massey (Sustainable industrial Solutions), Quenton Ankri (Green Sky Wind Systems), Kristen Adams (Afterglow Cosmetics), Matt Kopac (Burt’s Bees)

Questions were asked of the panel members.  These are most of the questions and the answers provided. Read more of this post

Triangle Entrepreneurship Week 2012: Pitch Sessions #TEW2012

Triangle Entrepreneurship Week 2012Welcome to this series of semi-live blogs from the Triangle Entrepreneurship Week 2012 (#TEW2012) conference in Raleigh and Durham, NC. Any errors, omissions, or silly side comments are my own.

I was able to attend three of the four pitch sessions throughout the week.  Each of the sessions that I attended had multiple entrepreneurs provide a 5 minute pitch about their vetted entrepreneurial company and idea to multiple representatives of angel fund and venture capital firms.  The companies varied in industry, scope, and amount of funding they were looking to receive   Afterwards, the representatives of these firms were able to ask questions of the entrepreneurs for about 15 minutes.  If time allowed, the general audience were able to ask questions, too.  At the end, feedback  thoughts on the pitches and company were provided by the investors.  

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